Category: Technology News

Technology News

This site contain information about Technology News

US can’t yet compete with China on EVs, Ford chairman tells CNN

June 18 (Reuters) – Ford Motor (FN) Executive Chairman Bill Ford said the United States was not ready yet to compete with China in the production of electric vehicles. “They developed very quickly, and they developed them on a large scale. And now they’re exporting them,” Ford told CNN’s ‘Fareed Zakaria GPS’ Sunday program. “They’re…

Read More

Gresham Technologies (LON:GHT) Share Price Crosses Below Two Hundred Day Moving Average of $161.28

Gresham Technologies plc (LON:GHT – Get Rating)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 161.28 ($2.02) and trades as low as GBX 146 ($1.83). Gresham Technologies shares last traded at GBX 150 ($1.88), with a volume of 1,014 shares traded.…

Read More

Meta releases ‘human-like’ AI image creation models

Meta Platforms said on Tuesday that it would provide researchers with access to components of a new “human-like” artificial intelligence model that it said could analyze and complete unfinished images more accurately than existing models. The model, I-JEPA, uses background knowledge about the world to fill in missing pieces of images, rather than looking only…

Read More

Oracle cuts hundreds of jobs, accepts job offers in its health unit – Insider

June 15 (Reuters) – Software firm Oracle (ORCL.N) on Thursday laid off hundreds of employees, refused job offers and cut back open positions within its health unit, the Insider reported, citing three people familiar with the matter. The layoffs follow thousands of cuts in corporate America as companies wrestle with elevated levels of inflation and…

Read More

Cruise ships in Europe pumped out more harmful gases than 1 billion cars last year, report shows

Barcelona finds itself as Europe’s most polluted port, according to new research (Getty Images/iStockphoto) Cruise ships were responsible for more than four times the sulfuric emissions into Europe’s atmosphere than all of the continent’s cars last year, according to a new report. This comes despite repeated pledges by the industry to move towards a greener…

Read More

All About Salesforce Einstein GPT

Salesforce Einstein GPT is a new AI-powered tool that can help businesses significantly improve their customer relationship management (CRM) efforts. By combining Salesforce’s powerful CRM platform with OpenAI‘s cutting-edge language model, GPT-3, Einstein GPT can work wonders. For instance, it can automatically generate personalized responses to customer queries, emails, and chats. This can free up…

Read More

With no big customers named, AMD’s AI chip challenge to Nvidia remains uphill fight

[1/2] AMD Chief Executive Lisa Su and Amazon Web Services Vice President Dave Brown speak at an event outlining AMD artificial intelligence strategy in San Francisco, US, June 13, 2023. REUTERS/Stephen Nellis June 13 (Reuters) – Advanced Micro Devices Inc (AMD.O) on Tuesday gave new details about an artificial intelligence chip that will challenge market…

Read More

Townsquare Capital LLC Grows Stock Holdings in Procore Technologies, Inc. (NYSE:PCOR)

Townsquare Capital LLC grew its holdings in Procore Technologies, Inc. (NYSE:PCOR – Get Rating) by 35.1% during the 4th quarter, Holdings Channel reports. The fund owned 20,181 shares of the company’s stock after purchasing an additional 5,242 shares during the period. Townsquare Capital LLC’s holdings in Procore Technologies were worth $952,000 as of its most…

Read More

Apple Vision Pro: Can it really buck the trend of augmented reality flops?

With its high price – which is nearly five times as much, when adjusted for inflation, as the first iPhone went on sale for in 2007 – Apple may still struggle to convince many users to try it. Some technology commentators suggest that Apple should target the first version of the Vision Pro at specialist…

Read More

Taiwan president pledges to strengthen island’s defense capability with new technologies

KAOHSIUNG, Taiwan (AP) — Taiwanese President Tsai Ing-wen says the self-ruled island will work to improve its rescue and defense capabilities with new technologies, adding that strengthening Taiwan is key to maintaining peace. Tsai also pledged her government would promote policies to safeguard maritime and border security after inspecting an anti-terror drill in Kaohsiung city…

Read More